; (iii) a novel set of climate-specific models to capture the direct and indirect transmission channels of climate risk …

and report climate risks as a learning tool to improve their climate-risk management. However, as a voluntary initiative …' comprehension of what constitutes a climate-risk, how to map such risks and how to report them. The mapping and reporting of climate …-related risk may otherwise prove an inefficient tool to redirect and accelerate investments promoting a low-carbon and climate …

-term transition scenarios, we document a significant variance among banks in their risk exposure, with the most exposed institutions …

the risk-adjusted interest rate. Adding damages leads to a higher carbon price that grows more slowly. But as temperature …

price rises at the risk-adjusted interest rate. Adding damages leads to a higher carbon price that grows more slowly. But as …

important data gap. We focus on German banks and measure their exposure to climate risk using CO2 emissions reported for German … bank risk, and investigate the concentration of emissions, companies, and plants within the portfolios of German banks …

The analysis of the conditions under which, and extent to which climate-adjusted financial risk assessment affects … limiting firms’ capacity to invest in low-carbon activities that could decrease their exposure to transition risk and help them …

climate risk premiums look different in Europe compared to the rest of the world. This paper examines the pricing implications … of climate risks in euro area corporate bond markets, focusing on physical and transition risk. Using climate news as a … gauge for systematic climate risk, we find a significant pricing effect of physical risk in long-term bonds, with investors …